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 MayBank shareholder Group

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gilabola
post Mar 20 2009, 12:23 AM

On my way
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Another noob question sorry :-)

if we buy the rights when it is listed, how do we get the form to subscribe to the rights issue?

This post has been edited by gilabola: Mar 20 2009, 12:23 AM
gilabola
post Mar 21 2009, 12:15 AM

On my way
****
Senior Member
667 posts

Joined: Jan 2005


QUOTE(Oracles99 @ Mar 20 2009, 08:04 AM)
Why should you buy the rights when it is being listed? By that time, Maybank mother share would have gone ex-rights. You may as well buy the mother share instead.
*
IF there is a market for the rights, there must be value to the rights.

If the rights are cheap, the entry cost via purchase price of rights + RM 2.74 (subscription cost) might be lower than buying the mother share ex rights.

This post has been edited by gilabola: Mar 21 2009, 12:20 AM
gilabola
post Apr 5 2009, 10:25 PM

On my way
****
Senior Member
667 posts

Joined: Jan 2005


if you buy the rights on the market, is it true that they will mail the subscription form to you? Or do we have to go to the stockbroker to get the form?

 

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